Forex

The GBPUSD awaits confirmation signal - Analysis - 27-09-2022

2022-09-27 04:11:46 GMT (Economies.com)

The GBPUSD pair still stuck between the key levels represented by 1.0635 support and 1.0845 resistance, which makes us continue with our neutrality until now, waiting to breach one of these levels to detect the next targets clearly.

 

We remind you that breaching the resistance will push the price to achieve additional bullish correction that its next target reaches 1.1015, while breaking the support represents the key to resume the main bearish wave that targets 1.0500 followed by 1.0295 levels as next main stations.

 

The expected trading range for today is between 1.0670 support and 1.0870 resistance.

 

The expected trend for today: Neutral

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